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CHK assets $35B

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get_it_back   Sunday, 06/28/20 10:40:32 PM
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CHK assets $35B
Debt $10B
They used the accumulated depreciation etc. of $29B to bring down to assets value. So this company should be worth $25B after paying the debt. Even if you make the assets at half the value due to COVID, the common should be lot higher. By the way it was at $350-400 in Nov 2019. Shorts have been attacking this stock for a long time. Do not know what happens tomorrow.

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